Albany Molecular Research Inc. on Tuesday reported it lost $5.9 million on revenues of $50.2 million in the third quarter ending Sept. 30, compared to a loss of $9.9 million on revenues of $50.6 million a year earlier. The company also announced it was ceasing internal R&D program activities, excluding its generic program, in a […]
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Empire State Development Corp. will be holding a public hearing Thursday on a $1.7 million loan to be given to Richardson Brands for relocating a candy manufacturing line from Kansas City, Mo. to its Canajoharie facility. The public hearing will begin at 10 a.m. at the Village of Canajoharie municipal building at 75 Erie Blvd. […]
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Latham-based medical device maker AngioDynamics said Tuesday it has added two senior vice presidents to its management team. Matthew Kapusta will join the company Nov. 15 as senior vice president of business development. Donna Haire has assumed her post as senior vice president of regulatory, quality, clinical and medical affairs. Both will report to President […]
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Denis Hughes, who has served as president of the state AFL-CIO since March 1999, said Monday he will retire Dec. 16, when the state labor federation holds its next board meeting. A successor will be elected at that meeting and immediately take office, the federation said in a press release. Hughes’ term, his third, would […]
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ReEnergy Holdings LLC, an Albany-based company that converts such biomass waste products as green wood, construction and demolition debris, and waste tires into energy, will acquire five biomass energy-production plants from Quebec-based Boralex Inc. for $93.0 million. The plants include a 20-megawatt facility in Chateaugay, Franklin County; a 40-megawatt facility in Ashland, Maine; a 36-megawatt […]
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Garnet Hill Lodge, a rustic country inn in North River that has its own cross country ski center, has filed for Chapter 11 bankruptcy protection in order to sell the facility, which has been experiencing financial problems. Apparently, the couple who purchased the inn a few years ago, Mary and Joseph Fahy, aren’t together anymore […]
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Times Union Editor and Vice President Rex Smith will be the featured speaker when the Albany Roundtable meets Wednesday at noon. The event will be held at the University Club, 141 Washington Ave., in Albany. Lunch will be served at noon, with the program to begin at 12:30 p.m. Smith, who assumed his current posts […]
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A record number of people visited Albany NanoTech Saturday during its annual community day open house. The College of NanoScale Science and Engineering at the University at Albany, said 1,200 people attended the event, which included tours of the sprawling high-tech research facility. The even was part of the school’s Nanovember celebration in which it […]
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